Canadian and Russian Leaders Discuss LNG
Posted on Jul 17, 2006 in Canada & Mexico, Liquefaction, Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Canadian and Russian Leaders Discuss LNG
On the sidelines of the G8 meetings in St. Petersburg, Russia, Canadian Prime Minister Stephen Harper and Russian President Vladimir Putin met to discuss a potential linkage between a proposed LNG liquefaction facility near St. Petersburg and the Gros Cacouna regasification facility proposed by Petro-Canada in Quebec. Despite the affirmative statements issued by the leaders after the meeting, Russian Energy Minister Viktor Khristenko nonetheless noted that while “[w]e see the North American markets as the big prospective markets for oil and gas. … I wouldn’t try to fix this as the main link. As the saying goes, we don’t want to put all our eggs in one basket.” Today’s Globe and Mail has the full story.